The household expenditure on housing rentals in Spain is predicted to continually increase from 495 Euros per capita in 2024 to 543 Euros per capita by 2028. This represents a steady year-on-year growth, with 2.4% forecasted from 2024 to 2025, 2.4% from 2025 to 2026, 2.3% from 2026 to 2027, and 2.3% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to be approximately 2.35%. In 2023, the actual household expenditure on housing rentals stood at 483 Euros per capita.
Future trends to watch for include potential economic fluctuations, changes in housing market regulations, and demographic shifts that could impact rental demand. Policy changes aimed at housing affordability and sustainability could also play a significant role in shaping expenditure patterns in the coming years.
